Cwm LLC lifted its position in shares of Freshworks Inc. (NASDAQ:FRSH – Free Report) by 342.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 124,580 shares of the company’s stock after acquiring an additional 96,395 shares during the period. Cwm LLC’s holdings in Freshworks were worth $1,526,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Meeder Asset Management Inc. bought a new position in shares of Freshworks during the third quarter worth about $27,000. Rothschild Investment LLC grew its position in shares of Freshworks by 560.0% during the third quarter. Rothschild Investment LLC now owns 2,277 shares of the company’s stock worth $27,000 after acquiring an additional 1,932 shares during the last quarter. SBI Securities Co. Ltd. grew its position in shares of Freshworks by 136.2% during the third quarter. SBI Securities Co. Ltd. now owns 2,745 shares of the company’s stock worth $32,000 after acquiring an additional 1,583 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of Freshworks during the third quarter worth about $67,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of Freshworks by 427.6% during the second quarter. EverSource Wealth Advisors LLC now owns 4,479 shares of the company’s stock worth $67,000 after acquiring an additional 3,630 shares during the last quarter. Institutional investors own 75.58% of the company’s stock.
Insiders Place Their Bets
In related news, insider Mika Yamamoto sold 32,577 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $8.45, for a total value of $275,275.65. Following the completion of the sale, the insider owned 1,127,723 shares of the company’s stock, valued at $9,529,259.35. This represents a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 8.54% of the stock is owned by insiders.
Freshworks Price Performance
Freshworks (NASDAQ:FRSH – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.03. The business had revenue of $222.74 million during the quarter, compared to the consensus estimate of $218.76 million. Freshworks had a net margin of 21.90% and a return on equity of 4.69%. The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.14 earnings per share. Freshworks has set its Q1 2026 guidance at 0.100-0.120 EPS and its FY 2026 guidance at 0.550-0.570 EPS. Equities analysts anticipate that Freshworks Inc. will post -0.1 EPS for the current year.
Analysts Set New Price Targets
FRSH has been the subject of several recent research reports. Cantor Fitzgerald lowered their price target on shares of Freshworks from $15.00 to $12.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Canaccord Genuity Group set a $14.00 price target on shares of Freshworks in a research report on Wednesday, February 11th. Robert W. Baird set a $10.00 price objective on shares of Freshworks in a report on Wednesday, February 11th. Citigroup reaffirmed an “outperform” rating on shares of Freshworks in a report on Wednesday, February 11th. Finally, Wall Street Zen raised shares of Freshworks from a “hold” rating to a “buy” rating in a report on Monday, April 6th. Six research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $12.92.
View Our Latest Stock Report on Freshworks
Freshworks Profile
Freshworks, Inc is a global provider of cloud-based customer engagement software designed to help businesses streamline customer support, sales, marketing, and IT service operations. The company’s integrated suite of solutions enables organizations of all sizes to deliver seamless experiences across multiple channels, including email, chat, phone, and social media. Freshworks’ platform is built on modern, user-friendly interfaces and offers native automation, AI-powered insights, and analytics to improve efficiency and customer satisfaction.
The company’s flagship product, Freshdesk, serves as a helpdesk solution for customer support teams, while Freshservice addresses IT service management needs.
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